Ed's Opinion of Value

$152,340 Ed's Estimate: $173,648 $210,000
Lowest Comp Recommended List: $168,000 to $179,000 Highest Comp
Based on 7 closed sales in CHAPARRAL CROSSING, the data points to a value around $173,648 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $168,000 to $179,000. This pricing would rank the home as below the only comparable home currently on the market in CHAPARRAL CROSSING's current inventory. Lot size matters here: 0.00 acres versus 0.13 for the typical comp. With 1 similar homes currently listed in CHAPARRAL CROSSING (a buyer's market), competition is a factor to consider. Market data shows 78725 prices risen 8.6% over the last half year. The closest comparable sale, 4503 Senda LN, Austin TX 78725 at an adjusted $170,455, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in CHAPARRAL CROSSING. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
2 Beds
2 Baths
1,010 Sq Ft

Location

Property Details

Property Type Residential
County Travis
MLS # 6832332

Listing History

MLS# 6832332 1 days
Mar 3, 2016 Off Market
Feb 29, 2016 Listed $155,792

Frequently Asked Questions About 4615 Inicio LN, Austin TX 78725

How much does 4615 Inicio LN, Austin TX 78725 cost?

4615 Inicio LN, Austin TX 78725 sold on March 3, 2016. Contact us for sale price details.

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